PFRDA Releases Consultation Paper on ‘Enhancing the National Pension System’ for Public Feedback
PFRDA Releases Consultation Paper on ‘Enhancing the National Pension System’ for Public Feedback
The Pension Fund Regulatory and Development Authority (PFRDA) has released a comprehensive Consultation Paper titled “Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes.” It serves as a key initiative to advance the National Pension System (NPS) by introducing enhanced options designed to provide greater certainty and predictability in post-retirement income for subscribers.
The Consultation Paper, dated September 30, 2025, proposes three distinct schemes under the NPS framework, each catering to different subscriber needs for assured and flexible pension payouts:
Invitation for Stakeholder Comments
The consultation paper is available on PFRDA website under the tab Research and Publication.
(Link: https://pfrda.org.in/en/web/pfrda/w/consultation-paper)
PFRDA is seeking feedback from all stakeholders, including NPS participants, prospective subscribers, pension funds, industry experts, academia and the general public. The Authority encourages thorough review and constructive inputs on the proposals to ensure the successful development and implementation of these schemes.
Stakeholders are requested to submit their comments, inputs and feedback using the Feedback Template provided within the consultation paper by 31st October 2025.